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Kimberly King was burnt out in her nursing career. BeforeCOVID. So she took on student debt to change careers —and was defrauded by what she says was a predatory online college.Now at age 56, she's back 40 hours a week in her registered nursejob, and taking classes again to get a nurse practitionerdegree.
"I had no choice but to go back to nursing, and seek an advanceddegree in the same field I was trying to get away from, in order topay my newly incurred debt," says King. Between her own $72,000 instudent debt now, and the approximately $25,000 in a parent PLUSloan she took out for her husband's child's education, King is oneof more than 8 million Americans over the age of 50 who holdstudent debt — and just shy of being one of the 820,000 of themwith student debt of $100,000 or more. In fact, there's nearly oneperson over the age of 50 with that whopping amount of student debt for everyperson under age 35.
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